Others

According to the Center for Strategic & International Studies (CSIS), maritime supply chains are crucial to the economy but face threats. 

The European Transport Workers’ Federation (ETF) has called for urgent action to combat the rise of shadow fleets.

DP World has launched the world’s first all-electric berth at London Gateway, serviced by a fleet of all-electric vehicles and equipment.

Wallenius Wilhelmsen declared an option for two additional 11,700 CEU Shaper class vessels at China Merchants Jingling Shipyard. The two declared options are part of the four previously announced options. According to Wallenius Wilhemsen delivery is expected in H2 2028. As part of the agreement, Wallenius Wilhelmsen will continue to hold options for two more vessels declarable by H2 2025. In addition, the company intends to upsize two additional vessels from 9,300CEU to 11,700 CEU. This will bring the total of upsized Shaper vessels to eight. The cost of the two optional vessels and the upsizing of the two of the vessels on order will be in line with the previous order of Shaper class vessels. Exercising our options and upsizing further Shaper class vessels fit seamlessly with Wallenius Wilhelmsen's net-zero ambition. The vessels are prepared for net-zero and future fuels from day one and will reduce fuel consumption and emissions considerably. ...said Xavier Leroi VP & COO Shipping Services, Wallenius Wilhelmsen. Following the announcement, Wallenius Wilhelmsen will have a total of 14 Shaper class vessels on order, 8 x 11,700 CEU and 6 x 9,300 CEU vessels.

Works began to install a shore power system at Portsmouth International Port, enabling ships to use electric power while sitting at berth.

The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 4 – 8 November, to provide information of the bulk market performance.

Women in Transport has launched its second annual Women in Transport Equity Index Survey, calling for wide participation within the sector with the goal of understanding and enhancing diversity and inclusion.

According to local news, the Indian Union Ministry of Shipping has been working on a new policy to reduce reliance on foreign vessels.

According to Veson Nautilca, the container sector is heading for record breaking year fuelled by high charter rates and post-covid container boom. 

According to Xeneta, Donald Trump’s victory sparks fear to international trade importers regarding ocean container shipping freight rates.